GBP/USD Uptrend
BUY AT 1.6056
STOP LOSS 1.6000
TIME 3:16 AM +7
9/20/13
Charles Henry Dow's Theory
Charles Henry Dow (1850-1902) is considered to be one of the fathers
of technical analysis. Along with Edward D. Jones, he co-founded the
Wall Street Journal, which published his theory between 1900 and 1902.
With the objective of predicting the future evolution of the economy, he
created the Dow Jones index, the oldest stock market index in the
world.
Despite the significant evolution of the financial markets,
Charles Dow's theory is still valid today. Nevertheless, after his
death, William Hamilton improved upon Dow's theory.
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